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Why should developers buy building land with panoramic views near Lagos city centre?

Plot in Lagos

ref. LW2379
10.007.039SEK
  • NA
  • 1.169m2
  • Building Plot

Developers should consider this building land near Lagos city centre because it combines approved apartment construction with panoramic and countryside views. The land is for sale from €900,000 and can support a block of 9, 12 or 15 apartments per plot. The approved apartment formats include one-, two- and three-bedroom homes, giving a developer several possible market positions. Six of the seven plots are currently available. Individual plots measure approximately 1,169 to 1,662 m². Each plot offers a construction area of roughly 900 to 1,200 m². The total area across the development is 12,189 m². Panoramic outlooks can strengthen the visual appeal of apartments and help create a distinctive residential scheme. Optional swimming pools and parking spaces can add practical and lifestyle value to the completed development. Lagos city centre is about 2.6 km away. The marina and coastal attractions are also close to the site. Meia Praia and the nearest beach are approximately 2.6 km away. Shops, restaurants and schools provide everyday convenience for residents. A school is located around 2.1 km from the land. Golf enthusiasts can reach Palmares golf course at approximately 6 km. Faro Airport is around 87.5 km away, supporting access for international buyers and visitors. Mains utilities are available, and the plots have tarmac access. The site may suit a developer planning to sell units individually or retain apartments as a rental portfolio. Its location could appeal to holidaymakers, second-home owners, families and permanent residents. Any projected ROI, sales pricing and rental income should be assessed through a detailed feasibility study. Planning and technical documentation is available to help professionals examine the development parameters. Contact us today to explore the approved land and discuss your apartment project in Lagos.

Usage
Residential
Type
Plot
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Usable area
900 m²
Plot Area
1.169 m²
Tarmac
Panoramic View, Countryside View
Building Plots
● Total construction areas of each lote from 900 - 1200m²
● Plot areas start from 1169 – 1662m²
● Total area of all lotes 12189m²
● 1-, 2- or 3-bedroom apartments
● Located in Lagos
● 2,6km to the nearest beach

There are now 6 out of 7 plots available. Each plot will allow for 9, 12 or 15 apartments (dependent upon size) with 1, 2 or 3 bedrooms. There can be the option of a swimming pool and parking spaces. Ideal investment opportunity for a developer/construction company.

These new constructions will be well sought-after, with the location being close to shops, schools, restaurants and beaches, which make this a great choice for business investment.

The blocks consist of:
• 1-, 2- or 3-bedroom apartments

External:
• Swimming Pool
• Parking spaces

Amenities

• Mains utilities

Location

• 2,6km from the Beach
• 2,6km from Lagos city centre
• 6km to nearest golf course (Palmares)
• 2,1km to nearest school
• 87,5km to Faro Airport
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